The only other times in our history when stock prices have been this high relative to earnings, a horrifying stock market crash and economic collapse has always followed. Will things be different for us this time? We shall see, but without a doubt this is what a pre-crash market looks like. This current bubble has been based on irrational euphoria that has been fueled by relentless central bank intervention, but now global central banks are removing the artificial life support in unison. Meanwhile, the real economy continues to stumble along very unevenly. This is the longest that the U.S. has ever gone without a year in which the economy grew by at least 3 percent, and many believe that the next recession is very close and economic collapse imminent. Stock prices cannot stay completely disconnected from economic reality forever, and once the bubble bursts the pain is going to be unlike anything that we have ever seen before.
If you think that these ridiculously absurd stock prices are sustainable, there is something that I would like for you to consider. The only times in our history when the cyclically-adjusted return on stocks has been lower, a nightmarish economic collapse and stock market crash happened soon thereafter…

FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law https://copyright.gov/

Ron Paul, who has for years been predicting an economic collapse and stock market crash worse than 2008, says that disaster is coming soon.
The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.
“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious economic crisis at some point in our future,” Going so far as to intimate the financial collapse and market crash will occur at least some time in the next two years, “It’s unavoidable, and even Donald Trump can’t stop it.”
Top economists predict that within the next 18-24 months, the imminent economic collapse will happen. The Federal Reserve has set up the American economy for financial collapse and market crash for printing trillions of dollars back in 2008 and 2009.
The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis....

The only other times in our history when stock prices have been this high relative to earnings, a horrifying stock market crash and economic collapse has always followed. Will things be different for us this time? We shall see, but without a doubt this is what a pre-crash market looks like. This current bubble has been based on irrational euphoria that has been fueled by relentless central bank intervention, but now global central banks are removing the artificial life support in unison. Meanwhile, the real economy continues to stumble along very unevenly. This is the longest that the U.S. has ever gone without a year in which the economy grew by at least 3 percent, and many believe that the next recession is very close and economic collapse imminent. Stock prices cannot stay completely disconnected from economic reality forever, and once the bubble bursts the pain is going to be unlike anything that we have ever seen before.
If you think that these ridiculously absurd stock prices are sustainable, there is something that I would like for you to consider. The only times in our history when the cyclically-adjusted return on stocks has been lower, a nightmarish economic collapse and stock market crash happened soon thereafter…

FAIR USE NOTICE: This video contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law https://copyright.gov/

Ron Paul, who has for years been predicting an economic collapse and stock market crash worse than 2008, says that disaster is coming soon.
The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.
“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious economic crisis at some point in our future,” Going so far as to intimate the financial collapse and market crash will occur at least some time in the next two years, “It’s unavoidable, and even Donald Trump can’t stop it.”
Top economists predict that within the next 18-24 months, the imminent economic collapse will happen. The Federal Reserve has set up the American economy for financial collapse and market crash for printing trillions of dollars back in 2008 and 2009.
The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis….

15,000 scientists warn of overpopulation and natural resource depletion water, soil, fossil fuels, fisheries, timber and minerals. Markets will have to confront reality of an end to growth. The valuations will shrink with realistic earnings forecasts. Societal rebellion will accompany higher food and energy prices— lower disposable income.

cemetery76says:

2017 is almost over they better hurry up.

AJ Ghostarsays:

Like the British Empire the US will have to cut back on defence soon.

Kamel Benkadasays:

I usa economy crash I will blame the Jewish and still get my money at any cost from them .they control financial sector in usa and central bank. They were the cause in German economy crash they were the minority controlling everything's. That's why Hitler came after them .they hold all the blame .so part 2 in usa now. Our goverment bell them out with our tax money .and didn't get anything from non of them .better have my money and pension if not .some people will be paying the price heavy at any cost .

Juan de la Cruzsays:

Hey..when exactly does it crash so i can Short a lot of the stocks. If u guys are right i will the First Trillioner..woohooo

Loodysays:

Buy Twitter

Michael Mallalsays:

Bitcoin and Ethereum will never crash.

Tarek701says:

I give you a hint: Bitcoin. Then you know the truth.

dan020350says:

free energy

Miguel Detonsays:

GLOBAL STRATEGIC HYPOTHESES — OVERCOMING RULING-CLASS ‘STEALTH HUMANOCIDE’ [STEALTH “EUGENICS”]: The genesis of the concept of ‘‘‘Equitism’’’ as successor system to the present, [state-]capitalist system of political economy [including to state-capitalist pseudo-socialism] was linked to several connotations of this term. The term ‘‘‘Equitism’’’ has, for example, name-resonance with the name of the tradition of “Equitable Jurisprudence” in Anglo-American law.

Growing out of the “Crown Chancery” in England [the Office of the Crown “Chancellor”], there emerged separate courts of equity, or “courts of conscience”, to which appeal could be made from judgments by those courts enforcing common law and statute law when a defendant held that a judgment rendered by such a common law/statute law court, even if in accord with “the letter of that law”, represented a morally inadequate remedy, and thus violated “the spirit of the laws”, therefore, per that defendant, failing to deliver “true justice”.

In U.S. jurisprudence, the two, separate kinds of courts where merged into one, and the convergence of their principles begun, with U.S. courts ‘‘‘presiding in [both] law and equity’’’, and allowing “equitable” arguments and remedies, as well as “technical” arguments, and [strictly monetary] remedies. There have been homologous developments in the tradition of Napoleonic/Roman law.

In recent parlance, the term “equitism” is often used to refer to “gender equity”, as a “synthesis”, or “mean”, of feminism and ‘‘‘masculinism’’’. It is sometimes also used to name a “synthesis”, or “mean”, between egoism and altruism. There was, earlier in American history, an individualist “equitist” movement for the amelioration of property rights injustices.

But most importantly, our term ‘‘‘Equitism’’’ is meant to invoke the concept of “Capital Equity”, and the tradition of “Stockholder Democracy” [“one-share-one-vote”] that follows from it.

“Capital Equity” rights — rights exclusively reserved to owners of capital [of “capital equity stock”] — are seen as a “first [and inadequate] species”, but, nonetheless, as a first modern seed, of ‘“Economic Democracy”’, as distinct from ‘Political-only Democracy’; are seen as the embryo of a more extensive and all-citizens-inclusive form of “Stakeholder Democracy”, and of ‘Political-ECONOMIC DEMOCRACY’ as a whole.

‘‘‘Equitism’’’ is seen as signifying ‘generalized social equity’; as “generalizing” social equity, to beyond the small class of owners of “controlling shares” of capital equity, to encompass the whole society, including every citizen, by constitutionally recognizing in each citizen, as a human right, their ownership of new kinds of ‘equitable property’, of equalitarian ‘social shares’.

THIS “GENERALIZATION” OF EQUITY IS SEEN AS A REMEDY FOR THE CATASTROPHIC BUT PREDICTABLE, “LAWFUL” TENDENCY OF CAPITALIST “POLITICAL-ONLY”, REPRESENTATIVE DEMOCRACY, TO DEGENERATE INTO TOTALITARIAN, STATE-CAPITALIST, POLICE-STATE DICTATORSHIP, AS CAPITAL CONTINUALLY CONCENTRATES INTO EVER FEWER HANDS, AS WE ARE NOW SEEING SO EGREGIOUSLY TODAY.

That concentration of capital-equity ownership eventually enables those “few hands” to prostitute — to ‘“buy-out”’, in a ‘“hostile takeover”’, via an all-pervasive system of ‘legalized crime’, e.g., “lobbying”, i.e., via ‘‘‘legalized bribery’’’ — the executive, legislative, and judicial branches of political government.

This ‘ultimate M&A’ thus totally defeats the constitutional “checks-and-balances” among those three, political, branches; “checks-and-balances” which were constitutionally designed to prevent this degeneration into dictatorship, and that were at least somewhat effective in doing so during the earlier phases of capital accumulation and capital ownership concentration.

The ‘Equitist’ reform/revolution is seen as a ‘‘‘generalization’’’ of “Capital Equity”, forming a new ‘social genus’ of ‘general social Equity’, by adding, via constitutional amendments, several new, inclusive ‘‘‘species’’’ of ‘‘‘Equity’’’, as newly recognized universal constitutional human rights.

‘‘‘Equitism’’’ is a ‘constitutionalization’ of ‘‘‘stakeholder democracy’’’ — a ‘constitutional institutionization’ of ‘‘‘stakeholder rights’’’.

Social Equity — Social Justice — requires ‘Universal Equity’; recognition of every-citizen-ownership of three new kinds of equity-property, as a matter of fundamental human right.

These new species of equity-property most prominently include:

(1) The [collective property] human right of ‘Citizens’ Externality Equity’ [which can be seen as a collective property implementation of the so-called Coase “theorem”, e.g., via decentralized, comprehensive, democratic, ‘grassroots regulation’ of polluters, supplementing the failing strategies — failing increasingly as capital ownership concentration deepens — of bureaucratic external regulation, due to, e.g., “regulatory capture”, and of court-mediated, litigation-based mitigation of externality-damages, due to the increasing “Big Money” prostitution of the judiciary];

(2) The [personal property] human right of Citizens’ Birthright Equity [universal ‘socialized trust-funds’], a unified, totally portable social safety net for each citizen born, serving, e.g., as a source for monthly guaranteed minimum annual income payments during periods of involuntary unemployment, e.g., due to “AI”, and;

(3) The [“individual property”] human right of Citizens’ Stewardship Equity [via ‘socialized venture capital’], granting access to means of production to, potentially, every citizen — to citizens self-organized into democratically self-managed, COMPETING ‘socialized producers’ cooperatives’ [‘collective entrepreneurship’], that promulgate qualifying business plans, and that successfully enlist a Social Bank, also a Citizens’ Stewardship Equity ‘socialized producers’ cooperative’, to take the risk of backing/funding that business plan. [This conception, of ‘Citizens’ Stewardship Equity’, owes intellectual debts to the work of David Schweickart].

The citizen owners of successful such cooperatives hold their means of production as ‘‘‘social property’’’, in stewardship, not in local ownership, and pay a monthly social rent for their use that helps to fund the Citizen Birthright Equity personal Trust Funds of all citizens. They elect, and can recall, their own management. Each citizen co-owner of a successful such cooperative receives two income streams co-produced by it: [possibly unequal, skills-based] compensation for time worked in that cooperative, and an equal share of the net operating surplus of that cooperative. Continuing capitalist firms will have to compete, for labor, with these cooperatives, wherein the way workers are treated is per their own decisions. Note that this — Stewardship — relationship to the means of production constitutes a break with, and beyond, the wage-labor relationship [i.e., with, and beyond, the capital-value-relation as predominant social relation of [social self-re-]production]. Even if the economic dynamics of this new kind of — economic-democratic — social economy do not immediately bring the intrinsic, episodic, and worsening ‘depressionary-tendency’ of capitalist economic dynamics to its blessed end, there is reason to suppose that Stewardship cooperatives, democratically managed by their Steward members, the producers themselves, will tend to avoid the mass lay-offs by which capitalist crises self-amplify, e.g., to share reduced work hours among all the Stewards, rather than to layoff some 100%, and retain others ‘100%+’.

The dual incomes earned by Citizen Stewardship Equity producers’ co-op co-owners will gradually shift economic power, and social power — hence political power — decisively to the working/middle-class majority, and increasingly out of the “ever fewer hands” of the concentrated, mega-capital ownership plutocracy faction who presently rule GLOBALLY, and who presently push public policy relentlessly in the direction of a global system of ‘humanocidal’ [“people are pollution”], ‘exterminationist’, “eugenics” police state dictatorships.

The Stewardship co-ops will also be ‘incented’ to harness, and unleash, high productivity — high “social-re-productive force” — ‘universally prosperizing’ technologies, which the ruling faction is suppressing, e.g., fusion power, whose spread would rapidly ‘technodepreciate’, to ~$0, the core capital assets upon which the power of that ruling faction is founded, e.g., their ‘Global Dictatorship of Petroleum’, and enable the institution of total, 100% elemental recycling, via the “fusion torch”, etc.

These guys have been calling a collapse for a long while. Permabears, as they are. True, the economy will turn down once again. The problem with these type of predictions is that it neither tells you approximately when that "collapse" (hyperbole) might occur, nor what factor, among the economy's many moving parts, will trigger the downturn. That stocks are over valued is not by itself enough.

Marc Farber is wrong in linking pension under-funding with market conditions. The under-funding is not a result of market condition. It is the plan sponsor's obligation to make sure the plan is funded to meet its promised obligation. The market may in some years produce a bounty on invested pension assets. Other times it takes back previous yields. Still, if invested assets cannot fill the under-funding gap, the sponsor must do.

The one glaring problem to US economy remains where growth will come in the future. With the effects of automation and the ease and ability to set up turn-key manufacturing operation almost any where in the world, prospects are bleak. These will eat away at growth, which will impact stock prices. Massive unemployment is looming, without any plan or preparation from the government to meet the blow it promises to cause to society…

Stop predicting because you say crash in 2017 and when it doesn't come you will say 2018 if that doesn't happen then guess what they will keep putting further till they get it, and then they will say see I got it right, fucking idiots is what they are.

starlitopensky1says:

Yellen resigned.

lawrence massicottesays:

WAY TOO MUCH COMMERCIALS!!!!

TheToledoTrumptonsays:

There is a crisis looming, because the West can't sustain its debt.

Essentially we have replaced millions of unemployed married women, with unemployed single men.

Unemployed married women contribute to the economy through child care and significantly increasing the productivity of their husband. Unemployed single men are just a burden on society.

We are also drastically over-educating workers that don't need to be educated. People with business degrees working in retail.